ECONOMIC AND SOCIAL DEVELOPMENTS Flashcards
industrialisation in Russia was largely driven by the …?
state.
who was the finance of minister from 1862-78?
Von ruetern.
what did Von Reutern do?
produced a series of reforms to boost the economy and drive industrial growth.
von - tax farming was ..?
abolished.
von - set up a state bank in /…?
1860.
von - when were import duties (tariffs) reduced to promote trade?
1863.
von - govt support was offered for development of the …?
cotton and mining industries.
strengths of von reform - encouraged …?
investment and enterprise.
strengths of von reform - the …… expanded markedly?
railway network.
strengths of von reform - textiles still dominant one but what other industries took place?
coal/oil extraction + iron mining/working.
strengths of von reform - annual avg growth rate of ….?
6%.
limits of von reform - Russias economy remained …?
comparatively weak to Western Europe.
limits of von reform - 1/3 of all govt expenditure went on ..?
repayment of debts.
limits of von reform - the Russian currency (rouble) remained ….?
unstable.
limits of von reform - the peasantry was still …. and domestic market …?
poor and small.
who was finance minister after Von Ruetern?
Vyshnedgradsky.
what years was Vysh finance minister for?
1887-92.
what were Vysh’s three main aims?
- raise capital.
- reduce the budget deficit.
- boost home production.
vysh - introduced a high tariff of … of the value of imported raw materials?
30%.
vysh - negotiated loans and increased ….?
indirect taxes.
vysh - between 1881-91 grain exports increased by ….?
18%.
vysh - by 1982 - Russian budget was in ..?
surplus.
vysh - why did the peasants suffer badly from the budget being in surplus?
they had to pay their taxes and give their grain to the state.
why was Vysh dismissed in 1892?
after the famine - peasants were left with nothing and thousands died - didn’t rlly do anything about it.